Click here to jump to the latest returns for lifecycle super funds. Close to 70% of Australians with super in one of the major funds are invested in their fund’s MySuper option, the default option for employees who don’t choose a super fund. If you are a member of a retail fund, this is most likely a lifecycle product ... Read more
Comparing super funds
If there was a silver lining to the recent Financial Services Royal Commission’s, it’s that it made Australians more aware that some super funds have not been serving their members well.
If you would like to know more about your super fund and how it rates but don’t know where to start, we have put together a series of articles to help you do just that.
Follow the links below to find out how to compare funds and how to rate your fund against the best on offer. We also have a guide to the types of super fund on offer, their strengths and limitations.
Click on the links below for more information on comparing super funds:
- Types of super funds
- MySuper and your super
- How to compare super funds in 7 easy steps
- Choosing a super fund (fund choice)
- Guide to the Superannuation Standard Choice Form
- Investment performance
- Super fees and charges
- Insurance and super
- Considering an SMSF
Below are some of our key Comparing super funds articles:
Set out below are all SuperGuide articles that relate to Comparing super funds.
Monthly super fund performance Reckoner: Monthly returns for 5 investment categories
In our reckoner below you can view the median monthly investment returns for 5 superannuation investment options. We’re grateful to Chant West for providing the statistics that power the reckoner. See also: Super fund performance: Monthly returns to July 2019 Important: Superannuation is a long-term investment. While ... Read more
Super fund performance: Monthly returns to July 2019
In this article you can discover the latest monthly performance for super funds over 5 investment options. We’re grateful to Chant West for providing the statistics in this article. For annual and long-term super fund performance see the following SuperGuide articles:Super fund performance over 27 financial years (to ... Read more
Which Australian super funds accept transfers from Kiwisaver accounts?
If you have KiwiSaver savings, you can voluntarily transfer them to an Australian super fund under the provisions of a Trans-Tasman Retirement Savings Portability scheme that was introduced on July 1, 2013.Consolidating your funds in this way can help you to avoid paying multiple fees on your retirement savings. ... Read more
Getting to know your super fund and what it can do for you
Superannuation is a home for your retirement savings, but it can do much more for you than that.How much more depends on your super fund because some funds are doing a better job of engaging and supporting members than others.Like Oliver Twist, many super fund members are lining up for more.That much was evident ... Read more
APRA warn on climate change: What does it mean for your super?
Insurers are known for their hard heads, not soft hearts. So, when an insurance expert urges business and consumers to take climate change seriously, it pays to listen.Geoff Summerhayes is executive board member of the Australian Prudential Regulation Authority (APRA), chair of the UN Sustainable Insurance Forum and ... Read more
Risk and returns: Getting the balance right
Risk is a difficult thing to pin down. Where superannuation is concerned, it can mean different things to different people.The risk of running out of money in retirement often comes into sharp focus once you hit your 50s. A market fall now could put a big dent in your super balance and mean less income in retirement ... Read more
What is the Sharpe ratio and why is it important for your super?
The Sharpe ratio is used to help investors understand the return of an investment relative to its risk. This is often referred to as the risk-adjusted return.It was developed by Nobel laureate William F. Sharpe and has been widely used at the pointy end of the funds management industry ever since. So why do you need ... Read more
Member direct vs SMSFs
The self-managed superannuation fund (SMSF) sector has been one of the fastest growing sectors of the superannuation industry over recent decades. So much so that some parts of the industry and retail superannuation fund segments have looked to it for ideas and have been offering members a growing capacity to choose ... Read more
How to read a super fund PDS
By the time you retire chances are that superannuation will be your biggest store of wealth outside the family home. Yet we tend to spend more time researching the best mobile phone plan or our next holiday than we do on our super.So even if you find super mind-numbingly dull and difficult to understand, it matters. ... Read more
Asset sector performance: Returns over 1 to 15 financial years (to June 2019)
In this article you can discover the investment performance for 12 different asset classes over various timeframes. For all asset classes there is data for 1, 3 and 5 financial years, and for most asset classes there is also data over 7, 10 and 15 financial years. Note: A financial year covers 1 July to 30 June the ... Read more
Super fund performance over 27 financial years (to June 2019)
In this article you can find super fund performance for 1, 3, 5, 7, 10 and 15 years, up to the latest financial year and across five different investment options. See also Super fund performance over 26 calendar years (to December 2018) The 2018/19 financial year was a year of two halves. Concerns about the escalating ... Read more
Asset Sector Performance Reckoner
SuperGuide’s Asset Sector Performance reckoner allows you to compare the investment performance of various asset classes over the short, medium and long term. The reckoner covers 12 asset classes over 1, 3 and 5 years and, where available, also over 7, 10 and 15 years. The asset classes and maximum performance ... Read more
Annual super fund performance Reckoner: Annual returns for 5 investment categories
In the reckoners below you can view the median super fund returns for 1, 3, 5, 7, 10 and 15 years across five different investment options. There are two reckoners - containing returns for the last 4 financial years and 4 calendar years respectively. We’re grateful to Chant West for providing the statistics in this ... Read more
Best performing super funds over the last financial year (to June 2019)
It was a bumpy ride, but super funds finished the 2018/19 financial year with the median growth fund up 7%, marking a decade of positive returns. The result is even more remarkable given that growth funds typically suggest members could expect a negative return every five years on average. Chant West senior investment ... Read more